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Property profile & analytics
OFF-MARKET
Turn key restaurants

704 Pearl St Albany, NY 12204

2,940 SF 0.23 ac lot Built 1920
Entity Owned ~ Est. High Equity
Property ID
US63-2074116
Property summary
AI-generated overview

This exceptional commercial property, located at 704 N Pearl St Unit 704 in Menands, NY, presents a unique investment opportunity. Situated on a sizable 0.23-acre lot, this "Other" property type offers significant potential for a variety of commercial uses. The asking price is $499,900. The property's precise square footage is currently unavailable, however, the substantial lot size suggests ample space for development or expansion. Its Menands location offers easy access to major transportation routes, providing excellent connectivity for businesses. The property's versatility makes it suitable for a range of commercial ventures, from retail to office space, or potentially even a mixed-use development. Given the strategic location and the size of the land parcel, this property represents a compelling investment prospect for those seeking a foothold in the thriving Menands commercial market. Further due diligence is encouraged to fully assess the property's potential and suitability for specific business plans. Interested parties should conduct their own independent investigation to confirm all aspects of the property and its suitability for their intended use. The property is offered as-is.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Total area 2,940 SF
Lot 0.23 ac (10,019 SF)
Zoning code 81
APN 012603 54.20-3-37
UPID US63-2074116
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Esej Estates LLC
Esej Estates LLC
since 2026
Last sale
$475,000
5 recorded transactions
2026
Price N/A
2025
$475,000
2015
$250,000
2008
$265,000
1969
Price N/A
Zoning & alternative use
81 · Albany, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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